Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Weak Downtrend (-65) - MXNCZK is showing signs of a strengthening downtrend. Monitor MXNCZK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXNCZK
The long-term trend has been DOWN since Oct 1st, 2021 at 1.0579713
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 1.0709250
The short-term trend has been UP since Oct 13th, 2021 at 1.0628100
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).